{"id":62854,"date":"2022-06-09T06:06:40","date_gmt":"2022-06-09T11:06:40","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62854"},"modified":"2022-06-09T06:06:40","modified_gmt":"2022-06-09T11:06:40","slug":"record-uk-gasoline-prices-see-biggest-daily-surge-in-17-years","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62854","title":{"rendered":"Record UK Gasoline Prices See Biggest Daily Surge In 17 Years"},"content":{"rendered":"

Record UK Gasoline Prices See Biggest Daily Surge In 17 Years<\/a><\/h3>\n
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UK gasoline prices continue to set records, with the daily price jump between Monday and Tuesday at its highest in 17 years, RAC, the UK\u2019s longest-serving motoring organization, says.<\/p>\n

\u201cThe average price of petrol endured its biggest daily jump in 17 years by going more than 2p (2.23p) a litre on Tuesday (7 June), taking it to nearly 181p a litre (180.73p),\u201d RAC fuel spokesperson Simon Williams said as carried by\u00a0Auto Express<\/a>.<\/p>\n

Gasoline prices were at a record high of $2.27 (\u00a31.81) per liter, or around $8.60 per U.S. gallon, on Tuesday, according to data from\u00a0RAC Fuel Watch<\/a>, which expects prices to continue rising in the near term.<\/p>\n

\u201cThese are unprecedented times in terms of the accelerating cost of forecourt fuel. Sadly, it seems we are still some way from the peak,\u201d RAC\u2019s Williams said.<\/p>\n

A full tank of gasoline for a typical family car has now jumped to $125 (\u00a399.40), up from $120 (\u00a395.16<\/a>) at the start of last week. The \u00a3100 per full tank mark could be reached as soon as on Thursday, analysts say.<\/p>\n

\u201cWith analysts predicting that oil will average $135 a barrel for the rest of this year drivers need to brace themselves for average fuel prices rocketing to \u00a32 a litre which would mean a fill-up would rise to an unbelievable \u00a3110,\u201d RAC\u00a0said<\/a>\u00a0earlier this week.<\/p>\n

The new record highs in gasoline prices add to the\u00a0cost-of-living crisis<\/a>\u00a0in the UK where energy bills are set to surge this autumn.<\/p>\n

Gasoline prices are soaring in the United States, too. The average gasoline price in America was\u00a0$4.955 a gallon<\/a>\u00a0on June 8, up by a massive $0.30 jump in one week.<\/p>\n

Gasoline prices set a new record for the 10th straight day and Americans are now spending over $700 million more per day on gasoline versus a year ago, Patrick De Haan, head of petroleum analysis for fuel-savings app GasBuddy,\u00a0said<\/a>\u00a0on Wednesday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Record UK Gasoline Prices See Biggest Daily Surge In 17 Years UK gasoline prices continue to set records, with the daily price jump between Monday and Tuesday at its highest in 17 years, RAC, the UK\u2019s longest-serving motoring organization, says. \u201cThe average price of petrol endured its biggest daily jump in 17 years by going […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[1423,5332,14603,820,2080],"class_list":["post-62854","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-gasoline-price","tag-oilprice-com","tag-tsvetana-paraskova","tag-uk","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62854"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62854\/revisions"}],"predecessor-version":[{"id":62855,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62854\/revisions\/62855"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}